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For the financial year to 31 December 2020, tastytrade delivered revenue of $116.2 million11 (up 44% year-over-year; 31 December 2019: $81.0 million), Adjusted EBITDA of $54.1 million12 (up 43% year-over-year; 31 December 2019: $37.8 million) and profit before tax of $49.0 million (up 5% year-over-year; 31 December 2019: $46.5 million), with growth in active accounts of 85%13 over the same period, reflecting both structural sector growth and tastytrade’s continued disruption of the US retail market. tastytrade’s gross assets were $200.5 million14 as at 31 December 2020, with a regulatory capital requirement of c. $0.5 million reflecting its agency-only brokerage model.
https://www.finextra.com/pressarticle/85811/ig-group-to-spend-1-billion-to-acquire-tastytrade?utm_medium=rssfinextra&utm_source=finextrafeed
If you are in the Partnership & Matching Share Plan, Royal Mails SIP (Share Incentive Plan) if you resign (retire) from Royal Mail at 60+ all of your shares including those in other plans that have restrictions on selling, they then can be sold at any time without having any restriction, that is not having to pay any capital gains tax, income tax or national insurance.
All the shares can also be transferred to another broker with no restrictions.
Hope it helps someone.
Big trade 17,458,015
An Intrinsic Calculation For Royal Mail plc (LON:RMG) Suggests It's 29% Undervalued
https://finance.yahoo.com/news/intrinsic-calculation-royal-mail-plc-093535779.html
If buy shares in this will have to pay stamp duty?
Yes like any other share
When you buy shares, you usually pay a tax or duty of 0.5% on the transaction.
shares electronically, you’ll pay Stamp Duty Reserve Tax (SDRT)
shares using a stock transfer form, you’ll pay Stamp Duty if the transaction is over £1,000
no SDRT on selling.
VESA EQUITY INVESTMENT - Kretinsky is now I beleave is the largest holder 13.10% as Schroders reduce holdings to 12.978% also Nortrust Noms Ltd increase holdings and total shorters reduced to 8.03%.
Shorters borrow shares from brokers, brokers charge around 2% interest and there's no time limit, and of course shorters have to give back the shares plus interest.
https://www.investopedia.com/ask/answers/012915/how-long-can-trader-keep-short-position.asp#:~:text=There%20is%20no%20mandated%20limit,replaced%20at%20a%20later%20date.&text=Stocks%20are%20shorted%20by%20many%20investors%20every%20day.
Interesting article.
https://www.wsws.org/en/articles/2020/07/31/roya-j31.html
Today was share scheme purchase day.
Yes
VESA now 9.76 from 8.2
I thought that the full year results were to the end of March so April to June where you say there was an increase in revenues and costs particularly high in Apr/May.
This period is not included in the results.
My estimate on the partner shares is £2.20 per share average to end of May if you minus 32% (tax and NI) and add the free shares in = to £1.42 per share average that dos not account for any fees for purchase, which there isn’t any
I think you will find you pay 1199.64 per year =99.97 per month and monthly paid pay 100 and on 99.97 you pay after deduction 32% tax and NI = 67.98 there is no end date it will end when RM says it will end.